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High Yield Bond Fundamentals Improving Despite Record Issuance

High Yield Bond Fundamentals Improving Despite Record Issuance

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By Ryan O’Malley, Fixed Income Portfolio Strategist High yield corporate bond issuance is up 93% in 2021 – from $106 billion in 2020 to $206 billion year-to-date. Corporate bond investors typically view such large increases in high yield issuance as a negative for credit fundamentals, as it usually correlates with higher leverage.

...read full article on ETF Trends

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